{"id":1787,"date":"2020-04-30T17:56:44","date_gmt":"2020-04-30T17:56:44","guid":{"rendered":"https:\/\/cedardesigns.com\/customhomes\/?p=1787"},"modified":"2020-04-30T17:56:44","modified_gmt":"2020-04-30T17:56:44","slug":"coronavirus-what-that-means-for-custom-home-buyers","status":"publish","type":"post","link":"https:\/\/cedardesigns.com\/customhomes\/coronavirus-what-that-means-for-custom-home-buyers\/","title":{"rendered":"CORONAVIRUS WHAT THAT MEANS FOR CUSTOM HOME BUYERS"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1789\" src=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg\" alt=\"coronavirus what it means to custom home buyers\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg 1920w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-300x169.jpg 300w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-768x432.jpg 768w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-1024x576.jpg 1024w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<h2 style=\"text-align: center;\">CORONAVIRUS &#8211; WHAT THAT MEANS FOR CUSTOM HOME BUYERS<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1790\" src=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-149882_1280-300x209.jpg\" alt=\"mortgage-rates\" width=\"400\" height=\"278\" srcset=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-149882_1280-300x209.jpg 300w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-149882_1280-768x534.jpg 768w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-149882_1280-1024x712.jpg 1024w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-149882_1280.jpg 1280w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>With the turbulent global markets, mortgage rates in the United States&nbsp;have hit rock bottom. The historically record lows could ultimately save&nbsp;custom home buyers tens of thousands in interest over the lifetime of&nbsp;their mortgage loans. See below<\/p>\n<h4>&nbsp;<\/h4>\n<h4>POST-CORONAVIRUS \u2018CONSTRUCTION TSUNAMI\u2019<\/h4>\n<p>Driven by low interest rates, liquidity, pent-up demand and a&nbsp;manufacturing move back to the U.S. to mitigate future supply&nbsp;interruptions, Keith Prather, market intelligence expert for&nbsp;Pioneer IQ, predicts a post-coronavirus construction tsunami<br \/>\nbeginning in the third quarter.&nbsp;Keith Prather &#8211; Pent-up demand from the current construction&nbsp;shutdowns will lead to a \u201cconstruction boom\u201d beginning in the third quarter, driven by historically low interest rates and a \u201ctremendous amount of&nbsp;liquidity being pumped back into the market.\u201d&nbsp;Keith Prather developed the Fear and Recovery Curve model to help determine when the&nbsp;crisis will top out and when it will begin to recede.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1791 alignleft\" src=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/woman-1455991_1280-266x300.png\" alt=\"woman-construction\" width=\"266\" height=\"300\" srcset=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/woman-1455991_1280-266x300.png 266w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/woman-1455991_1280-768x865.png 768w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/woman-1455991_1280-909x1024.png 909w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/woman-1455991_1280.png 1136w\" sizes=\"auto, (max-width: 266px) 100vw, 266px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3>&nbsp;<\/h3>\n<h3>BBC ONLINE<\/h3>\n<p>Why bad news dominates the headlines. Why are newspapers and TV broadcasts filled<br \/>\nwith disaster, corruption and incompetence?<\/p>\n<p>A new word has become synonymous with online journalism &#8211; <strong>clickbait<\/strong>. Journalists are<br \/>\npaid $5 for every 500 clicks on their stories. Is negative news keeping you away from your<br \/>\ndream home?<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #ff9900;\">WHAT SHOULD POTENTIAL CUSTOM HOME BUYERS DO?<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1793\" src=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-rates.jpg\" alt=\"mortgage-rates\" width=\"652\" height=\"89\" srcset=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-rates.jpg 652w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/mortgage-rates-300x41.jpg 300w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>The Best Financing Rates We\u2019ve Ever Seen<\/h2>\n<p>In response to market volatility, the Federal Reserve and the Bank of Canada have lowered&nbsp;interest rates. If you are able to seize this opportunity, it is a great time to do so.<\/p>\n<p>&nbsp;<\/p>\n<h3>Construction is an Essential Service &#8211;&nbsp;General Contractors will Continue Working<\/h3>\n<p>Residential Construction has been declared as an essential service in every&nbsp;location that has made an announcement.&nbsp;Real estate experts suggest the current low rates are worth capitalizing on.&nbsp;Mortgage rates could shoot up overnight.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #ff9900;\">Small Window of Time to Take Advantage of the Low Interest Rates<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Experts are projecting a potentially small window of time to take advantage of&nbsp;the low interest rates. If citizens are looking to build their dream home, build an&nbsp;investment property or secure a low interest rate on a mortgage, now is the&nbsp;time to do so.<\/p>\n<p>According to Realtor.com, if homeowners secured a 30-year fixed-rate loan on a&nbsp;$300,000 home at 3.29 percent, they\u2019d enjoy up to more than $57,000 in&nbsp;savings compared to last year rates.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #ff9900;\">LIMITED 20% DISCOUNT &amp; SAVINGS ON<br \/>\nALL CUSTOM CEDAR HOME KITS<\/span><\/h3>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\">20% Discount on a $300,000 home equates to a $60,000 Savings.<\/h4>\n<p style=\"text-align: center;\">Your potential savings, interest &amp; discount would be an approximate<br \/>\nsavings of over $110,000 on a custom home of your dreams.<\/p>\n<h3 style=\"text-align: center;\">A once in a lifetime opportunity.<\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Cedar Designs &#8211; Supply Chain is Fully Operational<\/h2>\n<p>All our suppliers are North American and are fully operational.<\/p>\n<p>General Contractors are adopting a variety of different procedures on work sites to ensure&nbsp;high safety standards.<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-1794\" src=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/models.jpg\" alt=\"custom home models\" width=\"350\" height=\"440\" srcset=\"https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/models.jpg 532w, https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/models-239x300.jpg 239w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/p>\n<h4>These include:<\/h4>\n<p>\u2022 No sharing of tools<br \/>\n\u2022 Frequent hand sanitation and regularly&nbsp;disinfecting tools<br \/>\n\u2022 Limiting sites to one trade at a time<br \/>\n\u2022 Limiting site visiting hours to clients<br \/>\n\u2022 Maintain social distancing minimums on site<br \/>\n\u2022 Use of materials \u2018you touch it, you use it\u2019 policy<br \/>\n\u2022 Electronic Billing<\/p>\n<p>&nbsp;<\/p>\n<h4>Construction is not a short-term process and we do&nbsp;not plan on slowing down anytime soon.&nbsp;<\/h4>\n<p>If you are looking at building this year or next year, it&nbsp;is a great time to be talking with us\u2026 you may as well have fun planning your dream home&nbsp;while socially isolating.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\">Get Started Today by calling Brian or Robert at 800-728-4474<\/h3>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\"><a href=\"https:\/\/www.cedardesigns.com\/pdf\/Coronavirus-What-Does-It-Mean-For-Custom_Home-Buyers.pdf\"><span style=\"color: #ff9900;\">DOWNLOAD PDF FLYER<\/span><\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>CORONAVIRUS &#8211; WHAT THAT MEANS FOR CUSTOM HOME BUYERS With the turbulent global markets, mortgage rates in the United States&nbsp;have hit rock bottom. The historically record lows could ultimately save&nbsp;custom home buyers tens of thousands in interest over the lifetime &hellip; <a href=\"https:\/\/cedardesigns.com\/customhomes\/coronavirus-what-that-means-for-custom-home-buyers\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":1789,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"kt_blocks_editor_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[1,6,170],"tags":[29,31,41,55],"class_list":["post-1787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-cedar-homes-sales","category-sale-custom-cedar-home-kits","tag-cedar-home-kit","tag-cedar-home-package","tag-cedar-homes-sale","tag-custom-homes"],"rttpg_featured_image_url":{"full":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",1920,1080,false],"landscape":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",1920,1080,false],"portraits":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",1920,1080,false],"thumbnail":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-100x100.jpg",100,100,true],"medium":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-300x169.jpg",300,169,true],"large":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",1536,864,false],"2048x2048":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",1920,1080,false],"widget-thumb":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920-80x50.jpg",80,50,true],"sow-carousel-default":["https:\/\/cedardesigns.com\/customhomes\/wp-content\/uploads\/2020\/04\/coronavirus-4914026_1920.jpg",272,153,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/cedardesigns.com\/customhomes\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/cedardesigns.com\/customhomes\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a> <a href=\"https:\/\/cedardesigns.com\/customhomes\/category\/cedar-homes-sales\/\" rel=\"category tag\">Cedar Homes Sales<\/a> <a href=\"https:\/\/cedardesigns.com\/customhomes\/category\/sale-custom-cedar-home-kits\/\" rel=\"category tag\">Sale Custom Cedar Home Kits<\/a>","rttpg_excerpt":"CORONAVIRUS &#8211; WHAT THAT MEANS FOR CUSTOM HOME BUYERS With the turbulent global markets, mortgage rates in the United States&nbsp;have hit rock bottom. The historically record lows could ultimately save&nbsp;custom home buyers tens of thousands in interest over the lifetime &hellip; Continued","_links":{"self":[{"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/posts\/1787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/comments?post=1787"}],"version-history":[{"count":0,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/posts\/1787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/media\/1789"}],"wp:attachment":[{"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/media?parent=1787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/categories?post=1787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cedardesigns.com\/customhomes\/wp-json\/wp\/v2\/tags?post=1787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}